the world watching how the events unfold in israel. bank of israel governor stan fischer is with me now with reaction. good to have you on the program. thanks for joining us. >> thank you, maria. >> what can you tell us about what's happening on the ground right now? how are you, the environment that you are in, talk of a cease fire, what are you hearing on the ground, stan? >> well, we just follow the news from you and from others, and it looks like this is going to be postponed for at least a day. but in terms of what's happening in the economy, which of course we follow very closely, it depends how long it goes on. so far there are no major impacts. the financial markets are very stable. there are no big movements. the stock market's pretty stable, and if this ends in a day or two, we'll come out of it without much impact on the economy despite all the very difficult scenes that we're seeing at the moment. >> stan, last week you said the israeli economy may grow faster than the 3% next year many were expecting. are you sticking with